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2022
Exports $925kWorld Rnk 13 / 60
Flag Rnk 1186 / 1217
2022
Destination $413k Costa Rica
2021 - 2022
FASTEST GROWING MARKET $413kCosta Rica
2022
Imports $9.69MWorld Rnk 7 / 134
Flag Rnk 1120 / 1216
2022
Origin $1.54M China
2021 - 2022
FASTEST GROWING ORIGIN $1.54MChina
2022
ECONOMIC COMPLEXITY of United States1.47Rnk 10 / 133

About

Exports In 2022, United States exported $925k in Non-Retail Silk Yarn, making it the 13th largest exporter of Non-Retail Silk Yarn in the world. At the same year, Non-Retail Silk Yarn was the 1186th most exported product in United States. The main destination of Non-Retail Silk Yarn exports from United States are: Costa Rica ($531k), Singapore ($163k), Dominican Republic ($41.4k), Vietnam ($26.2k), and Germany ($24.4k).

The fastest growing export markets for Non-Retail Silk Yarn of United States between 2021 and 2022 were Costa Rica ($413k), Singapore ($144k), and Dominican Republic ($41.4k).

Imports In 2022, United States imported $9.69M in Non-Retail Silk Yarn, becoming the 7th largest importer of Non-Retail Silk Yarn in the world. At the same year, Non-Retail Silk Yarn was the 1120th most imported product in United States. United States imports Non-Retail Silk Yarn primarily from: China ($6.87M), Mexico ($1.93M), France ($224k), Italy ($187k), and Netherlands ($171k).

The fastest growing import markets in Non-Retail Silk Yarn for United States between 2021 and 2022 were China ($1.54M), France ($198k), and Netherlands ($163k).

COMPANIES In 2023, leading companies such as Amazon (2) were at the forefront of shipping Non-Retail Silk Yarn to the United States.

Latest Trends

June 2024

About

Overview In June 2024 United States' Non-Retail Silk Yarn exports accounted up to $27.1k and imports accounted up to $433k, resulting in a negative trade balance of $406k. Between June 2023 and June 2024 the exports of United States'   Non-Retail Silk Yarn have decreased by $-82.4k (-75.2%) from $109k to $27.1k, while imports decreased by $-914k (-67.9%) from $1.35M to $433k.

Destinations In June 2024, Non-Retail Silk Yarn were exported mostly to Belgium ($22.4k), Japan ($4.7k), and China ($0), and were imported mostly from China ($300k), Mexico ($54k), Italy ($41.5k), Nicaragua ($12.2k), and Japan ($10.5k).

Growth In June 2024, the decrease in Non-Retail Silk Yarn's year-by-year exports was explained primarily by a decrease in exports to . In June 2024, the decrease in Non-Retail Silk Yarn's year-by-year imports was explained primarily by a decrease in imports from China ($-425k or -89.4%) and Nicaragua ($-716 or -12.3%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)$-82.4k(-75.2%)
IMPORT GROWTH (June 2023 - June 2024)$-914k(-67.9%)
MAIN EXPORTER (June 2024)New Mexico$30.7k
MAIN DESTINATION (June 2024)Belgium$22.4k

This section shows Non-Retail Silk Yarn's exports and imports data at subnational level for United States. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Non-Retail Silk Yarn over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$925k
IMPORTS (2022)$9.69M
NET TRADE (2022)-$8.76M

In 2022, United States exported $925k in Non-Retail Silk Yarn. The main destinations of United States exports on Non-Retail Silk Yarn were Costa Rica ($531k), Singapore ($163k), Dominican Republic ($41.4k), Vietnam ($26.2k), and Germany ($24.4k).

In 2022, United States imported $9.69M in Non-Retail Silk Yarn, mainly from China ($6.87M), Mexico ($1.93M), France ($224k), Italy ($187k), and Netherlands ($171k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Non-Retail Silk Yarn EXPORT MARKETS FOR United States WERE (2021 - 2022):
Costa Rica$413k (349%)
Singapore$144k (739%)
Dominican Republic$41.4k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Non-Retail Silk Yarn BY United States WERE (2021 - 2022):
Brazil-$21.6k (-98.1%)
Chile-$4.86k (-84%)
Belgium-$4.34k (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, United States's main exporting competitors in Non-Retail Silk Yarn were:
China $75.7M
Romania $68.1M
Vietnam $32.8M
In 2022, United States's main importing competitors in Non-Retail Silk Yarn were:
Italy $84.2M
Japan $37.9M
India $20.1M

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Trade Value of Non-Retail Silk Yarn by Exporters

Potential Exports

Potential Exports

Flow
View
N/AN/AN/A
TOP IMPORT POTENTIALItaly+ $197k

Non-Retail Silk Yarn’s highest export potential is N/A. With an export gap of N/A.   Non-Retail Silk Yarn’s highest import potential is Italy with an import gap of $197k.

See methodology.

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